Bitcoin downtrend potential

I don't like to say it but I'm seeing many reasons why bitcoin could be ready for a huge dump down to around 48k, on a down trending fibonacci I've set it all looks feasible after bouncing back up to the first resistance of 61% level then down and retested78% level and failed now looks to have broken structure on a huge head and shoulders profile 😳, now has just rebounded back up from 57k to 58500 area, I would be seeing a drop from here downwards, don't look good.